EU Industrial Production YoY (Mar) Y/Y -2.1% (Prev. -0.6%)
The year-on-year decline in EU industrial production of -2.1% versus the previous -0.6% indicates a faster contraction in output, which could signal weakening demand and possibly bear on growth expectations.
The US White House has reportedly not ruled out potential Chinese direct investment in the US, Semafor reports
A group of bipartisan US senators is writing to Secretary of State Rubio to pledge their support for the Taiwan Relations Act, Semafor reports; Twelve senators signed the letter
EU Industrial Production YoY (Mar) Y/Y -2.1% (Prev. -0.6%)
Delivery Hero (DHER GY) said to have started the process to sell its Korean unit
[CALENDAR ADDITION] OPEC MOMR to be released at 13:00 BST/ 08:00 EDT
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This miss relative to prior performance may prompt concerns regarding the economic outlook and influence monetary policy discussions, particularly regarding any potential rate actions moving forward.
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